Udacity Data Science Nanodegree¶

Project 1: Writing a Data Scientist Blog Post¶

Notebook 3 of 4: London Airbnb¶

Business Questions 2 and 3: Host and Star rating analysis¶

by Juanita Smith¶

  • Introduction
  • Data gathering
  • Host Analysis: How does host excellence influence price ?
  • What effect does star ratings have on rental price ?
  • Conclusions
  • References
  • Submission

Introduction

This notebook focus an answering business questions 2 and 3:

2) Host Analysis: How does host excellence influence price ?

  • Super hosts seems to describe their properties better, how does this effect price and availability ?

3) What effect does star ratings have on rental price ?

  • Would a 5-star vs 3-star listing in the same location cost more ?

This notebook will use the cleaned files created by running notebook 1 and 2 in sequence. Enhanced listing file are stored in data\clean\listing_enhanced_060623.pkl

Refer to the README file for initial data download instructions and metadata descriptions.

In [1]:
import os
import matplotlib.pyplot as plt
import matplotlib.lines as mlines
import numpy as np
import pandas as pd
import seaborn as sns

# Import custom modules
import project1_data_science_blog.src.visuals as vs

# set plots to be embedded inline
%matplotlib inline

# suppress matplotlib user warnings
import warnings
warnings.filterwarnings("ignore", category=UserWarning, module="matplotlib")

# # use high resolution if this project is run on an Apple device
%config InlineBackend.figure_format='retina'

# Make your Jupyter Notebook wider
from IPython.display import display, HTML
display(HTML('<style>.container { width:80% !important; }</style>'))

# environment settings
# display all columns and rows during visual inspection
pd.options.display.max_columns = None
pd.options.display.max_rows = None
In [2]:
# set default plot formatting and colors
BASE_COLOR, BASE_HIGHLIGHT_INTENSE, BASE_HIGHLIGHT, BASE_COMPLIMENTARY, BASE_GREY, BASE_COLOR_SUB1, BASE_COLOR_SUB2, SYMBOLS = vs.set_plot_defaults()
In [3]:
# default file paths
date_stamp = '060623'
# date_stamp = '060923'
FILE_PATH_CLEAN = '../data/clean/'
FILE_NAME_CLEAN = FILE_PATH_CLEAN + 'listing_clean_' + date_stamp + '.pkl'
FILE_NAME_ENHANCED = FILE_PATH_CLEAN + 'listing_enhanced_' + date_stamp + '.pkl'

Gather Data

In [4]:
# load the enhanced listing file 
listings = pd.read_pickle(FILE_NAME_ENHANCED)

Host Analysis: How does host excellence influence price ?

In [5]:
# features of interest to analyse hosts
host_features = ['host_id', 'host_response_time', 'host_response_rate', 'host_acceptance_rate', 'host_is_superhost', 'host_has_profile_pic', 'host_identity_verified', 'number_of_reviews_ltm', 'number_of_reviews',
                 'review_scores_rating', 'host_years_active', 'host_has_about', 'host_has_neighborhood_overview', 'is_business', 'price_mean', 'room_type', 'property_type', 'availability_365', 'availability_30', 'availability_60']
In [6]:
host = listings[host_features].copy()
host.sample(5)
Out[6]:
host_id host_response_time host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean room_type property_type availability_365 availability_30 availability_60
31135 215357262 within a few hours 98 92 False True True 0 3 5.00 5 True True False 420 Entire home/apt Entire serviced apartment 66 12 42
35969 194052587 within a few hours 100 100 False True True 0 0 NaN 5 False True False 642 Entire home/apt Entire serviced apartment 209 27 57
10561 38627538 NaN 0 0 False True True 0 0 NaN 8 False True False 480 Entire home/apt Entire home 0 0 0
15681 104125563 NaN 0 0 True True True 1 1 5.00 7 True False False 352 Entire home/apt Entire rental unit 365 30 60
4755 42341563 within an hour 100 88 True True True 28 164 4.74 8 True True False 984 Entire home/apt Entire rental unit 288 7 7
In [7]:
# make sure datatypes were preserved from cleaning step
host.info(verbose=True, show_counts=True)

<class 'pandas.core.frame.DataFrame'>
Index: 68923 entries, 0 to 69184
Data columns (total 20 columns):
 #   Column                          Non-Null Count  Dtype  
---  ------                          --------------  -----  
 0   host_id                         68923 non-null  int64  
 1   host_response_time              51806 non-null  object 
 2   host_response_rate              68923 non-null  int32  
 3   host_acceptance_rate            68923 non-null  int32  
 4   host_is_superhost               68923 non-null  bool   
 5   host_has_profile_pic            68923 non-null  bool   
 6   host_identity_verified          68923 non-null  bool   
 7   number_of_reviews_ltm           68923 non-null  int64  
 8   number_of_reviews               68923 non-null  int64  
 9   review_scores_rating            48640 non-null  float64
 10  host_years_active               68923 non-null  int64  
 11  host_has_about                  68923 non-null  bool   
 12  host_has_neighborhood_overview  68923 non-null  bool   
 13  is_business                     68923 non-null  bool   
 14  price_mean                      68923 non-null  int64  
 15  room_type                       68923 non-null  object 
 16  property_type                   68923 non-null  object 
 17  availability_365                68923 non-null  int64  
 18  availability_30                 68923 non-null  int64  
 19  availability_60                 68923 non-null  int64  
dtypes: bool(6), float64(1), int32(2), int64(8), object(3)
memory usage: 7.8+ MB
In [8]:
# not all hosts have reviews or response rates, for this analysis lets drop all missing data
host = host.dropna()
host.info()

<class 'pandas.core.frame.DataFrame'>
Index: 40900 entries, 0 to 69077
Data columns (total 20 columns):
 #   Column                          Non-Null Count  Dtype  
---  ------                          --------------  -----  
 0   host_id                         40900 non-null  int64  
 1   host_response_time              40900 non-null  object 
 2   host_response_rate              40900 non-null  int32  
 3   host_acceptance_rate            40900 non-null  int32  
 4   host_is_superhost               40900 non-null  bool   
 5   host_has_profile_pic            40900 non-null  bool   
 6   host_identity_verified          40900 non-null  bool   
 7   number_of_reviews_ltm           40900 non-null  int64  
 8   number_of_reviews               40900 non-null  int64  
 9   review_scores_rating            40900 non-null  float64
 10  host_years_active               40900 non-null  int64  
 11  host_has_about                  40900 non-null  bool   
 12  host_has_neighborhood_overview  40900 non-null  bool   
 13  is_business                     40900 non-null  bool   
 14  price_mean                      40900 non-null  int64  
 15  room_type                       40900 non-null  object 
 16  property_type                   40900 non-null  object 
 17  availability_365                40900 non-null  int64  
 18  availability_30                 40900 non-null  int64  
 19  availability_60                 40900 non-null  int64  
dtypes: bool(6), float64(1), int32(2), int64(8), object(3)
memory usage: 4.6+ MB
In [9]:
# check for duplicated host data
host.host_id.duplicated().sum()
Out[9]:
19339

Observation:

  • Hosts can have multiple listings. For each listing, the same host data is duplicated. To do host analysis, these duplicates must first be removed.
In [10]:
# which host data are duplicated ?
host[host['host_id'] == 129230780]
Out[10]:
host_id host_response_time host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean room_type property_type availability_365 availability_30 availability_60
28776 129230780 within an hour 90 76 False True True 0 1 4.00 6 True True True 1880 Entire home/apt Entire rental unit 179 29 59
30385 129230780 within an hour 90 76 False True True 0 8 4.75 6 True True True 1570 Entire home/apt Entire rental unit 0 0 0
31310 129230780 within an hour 90 76 False True True 3 4 3.75 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
32005 129230780 within an hour 90 76 False True True 0 1 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32006 129230780 within an hour 90 76 False True True 0 3 2.67 6 True True True 1570 Private room Private room in rental unit 364 29 59
32015 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32017 129230780 within an hour 90 76 False True True 2 2 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32026 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32028 129230780 within an hour 90 76 False True True 2 2 4.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32038 129230780 within an hour 90 76 False True True 1 2 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32042 129230780 within an hour 90 76 False True True 0 1 4.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32043 129230780 within an hour 90 76 False True True 1 2 4.50 6 True True True 1570 Private room Private room in rental unit 364 29 59
32044 129230780 within an hour 90 76 False True True 1 1 1.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32054 129230780 within an hour 90 76 False True True 0 1 3.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32060 129230780 within an hour 90 76 False True True 2 3 5.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
32061 129230780 within an hour 90 76 False True True 0 1 1.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
33077 129230780 within an hour 90 76 False True True 0 1 4.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
33094 129230780 within an hour 90 76 False True True 0 2 4.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
33098 129230780 within an hour 90 76 False True True 1 1 2.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
33100 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1570 Private room Private room in rental unit 364 29 59
33828 129230780 within an hour 90 76 False True True 0 1 2.00 6 True True True 1570 Private room Private room in rental unit 179 29 59
34096 129230780 within an hour 90 76 False True True 0 12 4.33 6 True True True 1570 Entire home/apt Entire rental unit 0 0 0
35458 129230780 within an hour 90 76 False True True 0 1 4.00 6 True True True 1570 Private room Private room in hostel 248 0 0
37106 129230780 within an hour 90 76 False True True 0 2 4.00 6 True True True 81 Private room Room in aparthotel 127 0 0
40275 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1750 Private room Private room in rental unit 0 0 0
40293 129230780 within an hour 90 76 False True True 1 1 2.00 6 True True True 1750 Private room Private room in rental unit 0 0 0
40302 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1750 Private room Private room in rental unit 0 0 0
40415 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1750 Private room Private room in hostel 39 0 0
40423 129230780 within an hour 90 76 False True True 1 1 4.00 6 True False True 1750 Private room Private room in hostel 39 0 0
40549 129230780 within an hour 90 76 False True True 1 1 5.00 6 True False True 1750 Private room Private room in hostel 39 0 0
40626 129230780 within an hour 90 76 False True True 9 9 4.44 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
40628 129230780 within an hour 90 76 False True True 1 1 4.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
40924 129230780 within an hour 90 76 False True True 1 2 4.50 6 True False True 1570 Entire home/apt Entire rental unit 180 30 60
41776 129230780 within an hour 90 76 False True True 1 1 1.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
41784 129230780 within an hour 90 76 False True True 1 1 2.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
41790 129230780 within an hour 90 76 False True True 1 1 1.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
41808 129230780 within an hour 90 76 False True True 2 2 1.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
41810 129230780 within an hour 90 76 False True True 1 1 1.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
41823 129230780 within an hour 90 76 False True True 1 1 2.00 6 True True True 1570 Entire home/apt Entire rental unit 331 0 26
42250 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Private room Private room in rental unit 0 0 0
42278 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Private room Private room in rental unit 0 0 0
43264 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1570 Private room Private room in rental unit 0 0 0
43286 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Private room Private room in rental unit 0 0 0
43368 129230780 within an hour 90 76 False True True 2 2 3.50 6 True True True 1570 Private room Private room in rental unit 21 0 0
43386 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1570 Private room Private room in rental unit 21 0 0
48645 129230780 within an hour 90 76 False True True 1 1 2.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48649 129230780 within an hour 90 76 False True True 3 3 4.67 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48651 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1595 Entire home/apt Entire rental unit 355 20 50
48655 129230780 within an hour 90 76 False True True 1 1 3.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48666 129230780 within an hour 90 76 False True True 2 2 4.50 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48669 129230780 within an hour 90 76 False True True 2 2 4.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48671 129230780 within an hour 90 76 False True True 3 3 4.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48675 129230780 within an hour 90 76 False True True 10 10 4.40 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48677 129230780 within an hour 90 76 False True True 4 4 4.25 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48680 129230780 within an hour 90 76 False True True 4 4 4.75 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48683 129230780 within an hour 90 76 False True True 5 5 4.60 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48686 129230780 within an hour 90 76 False True True 1 1 5.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48786 129230780 within an hour 90 76 False True True 6 6 3.83 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48789 129230780 within an hour 90 76 False True True 5 5 4.20 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48792 129230780 within an hour 90 76 False True True 3 3 3.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48799 129230780 within an hour 90 76 False True True 5 5 3.80 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48804 129230780 within an hour 90 76 False True True 1 1 4.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48808 129230780 within an hour 90 76 False True True 1 1 1.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48811 129230780 within an hour 90 76 False True True 3 3 3.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48824 129230780 within an hour 90 76 False True True 4 4 3.50 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48827 129230780 within an hour 90 76 False True True 4 4 3.75 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48830 129230780 within an hour 90 76 False True True 3 3 2.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48881 129230780 within an hour 90 76 False True True 3 3 3.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48883 129230780 within an hour 90 76 False True True 2 2 4.50 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48884 129230780 within an hour 90 76 False True True 3 3 4.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48891 129230780 within an hour 90 76 False True True 3 3 4.67 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48892 129230780 within an hour 90 76 False True True 3 3 4.33 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48895 129230780 within an hour 90 76 False True True 2 2 2.50 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48897 129230780 within an hour 90 76 False True True 3 3 5.00 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
48902 129230780 within an hour 90 76 False True True 3 3 5.00 6 True True True 1595 Entire home/apt Entire rental unit 355 20 50
52135 129230780 within an hour 90 76 False True True 2 2 4.50 6 True True True 1570 Entire home/apt Entire rental unit 355 20 50
60029 129230780 within an hour 90 76 False True True 1 1 4.00 6 True True True 92 Private room Private room in rental unit 196 21 51
In [11]:
# convert host_response_time from categorical to numeric column
host = pd.get_dummies(host, prefix=None, prefix_sep='_', dummy_na=False, columns=['host_response_time'], sparse=False, drop_first=False, dtype=None)
host.head(2)
Out[11]:
host_id host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean room_type property_type availability_365 availability_30 availability_60 host_response_time_a few days or more host_response_time_within a day host_response_time_within a few hours host_response_time_within an hour
0 757377 90 68 False True True 10 175 4.71 12 True True False 70 Private room Private room in townhouse 67 10 37 False False True False
1 54730 100 78 False True True 15 41 4.80 14 True True False 79 Private room Private room in rental unit 353 23 48 False False False True
In [12]:
# enhance columns of interest
remove_list = ['host_id', 'host_response_time', 'room_type', 'property_type']

host_features_reduced = [i for i in host_features if i not in remove_list]
host_features_reduced
Out[12]:
['host_response_rate',
 'host_acceptance_rate',
 'host_is_superhost',
 'host_has_profile_pic',
 'host_identity_verified',
 'number_of_reviews_ltm',
 'number_of_reviews',
 'review_scores_rating',
 'host_years_active',
 'host_has_about',
 'host_has_neighborhood_overview',
 'is_business',
 'price_mean',
 'availability_365',
 'availability_30',
 'availability_60']
In [13]:
# summarize host data and at same time get rid of duplicated data
host_grouped = host.groupby(['host_id'], as_index=False).mean(numeric_only=True)
host_grouped.head(3)
Out[13]:
host_id host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean availability_365 availability_30 availability_60 host_response_time_a few days or more host_response_time_within a day host_response_time_within a few hours host_response_time_within an hour
0 4775 100.0 96.0 0.0 1.0 1.0 26.428571 127.000000 4.792857 15.0 1.0 1.000000 0.0 154.714286 210.142857 4.428571 10.000000 0.0 0.0 0.0 1.0
1 4879 100.0 33.0 0.0 1.0 1.0 3.000000 3.000000 4.670000 15.0 1.0 1.000000 0.0 175.000000 364.000000 29.000000 59.000000 0.0 0.0 1.0 0.0
2 6774 100.0 92.0 0.0 1.0 1.0 8.500000 23.333333 4.776667 14.0 1.0 0.833333 0.0 145.000000 74.000000 0.666667 3.666667 0.0 0.0 0.0 1.0
In [14]:
# make sure host data are summarized correctly
host_grouped[host_grouped['host_id'] == 129230780]
Out[14]:
host_id host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean availability_365 availability_30 availability_60 host_response_time_a few days or more host_response_time_within a day host_response_time_within a few hours host_response_time_within an hour
13243 129230780 90.0 76.0 0.0 1.0 1.0 1.87013 2.38961 3.569351 6.0 1.0 0.961039 1.0 1550.168831 279.376623 16.649351 40.103896 0.0 0.0 0.0 1.0
In [15]:
# how many unique hosts will we analyze ?
host_grouped.shape
Out[15]:
(21561, 21)
In [16]:
# check that no more duplicates exist
host_grouped.host_id.duplicated().sum()
Out[16]:
0

Host: Univariate Analysis¶

In [17]:
# get a general idea of numeric feature distributions
pd.plotting.hist_frame(host_grouped.drop(['host_id', 'is_business'], axis=1), figsize=(20,10), bins=40, color=BASE_COLOR)
plt.tight_layout()
No description has been provided for this image
In [18]:
# plot proportion of super hosts
yticks = np.arange(0, host_grouped.shape[0]+1000, 10000)
ylabels = ['{:,.0f}k'.format(tick/1000) for tick in yticks]

total = host_grouped.host_is_superhost.count()
plt.figure(figsize=(8,4))
data = host_grouped['host_is_superhost'].value_counts(normalize=False)
ax = sns.barplot(x=data.index, y=data, width=0.5, color=BASE_COLOR)

for c in ax.containers:
    labels =[f'{x:,.0f} ( {x/total*100:,.0f}% )' for x in c.datavalues]
    ax.bar_label(c, labels, padding=2)

ax.margins(y=0.1)

plt.yticks(yticks, ylabels)
plt.xlabel('Is this a superhost ?')
plt.ylabel('Frequency')
plt.title('Superhost proportions')
plt.show()
No description has been provided for this image

Observations: 14% of hosts are superhosts

Host: Bi/Multivariate Analysis¶

In [19]:
# explore relationship between features, especially focusing on the superhosts column
sns.clustermap(host_grouped.drop(['host_id', 'is_business'], axis=1).corr(method='spearman'), cmap="Spectral", center=0, annot=True, fmt='.2f');
No description has been provided for this image

Observations: Focusing especially on the host_is_superhost column:

  • There is a slight positive correlation between superhosts and price, does this mean superhosts charge more ?
  • Superhosts have a positive correlation with number of reviews, which means they have higher review scores

Which proportion of superhosts are running a business ?¶

In [20]:
superhosts = host_grouped[host_grouped['host_is_superhost'] > 0]

ax = sns.barplot(superhosts['is_business'].value_counts(normalize=True), color=BASE_COLOR)

for c in ax.containers:
    labels =[f'{x*100:,.0f}%' for x in c.datavalues]
    ax.bar_label(c, labels, padding=2)
    
plt.title('Proportion of hosts that are running a business', y=1.05)
plt.show()
No description has been provided for this image

Observation: All superhosts are individuals

In [21]:
# As no superhosts are running a business, drop business hosts, they were already analysed in notebook 1 and causes abnormal high price hikes
host_grouped = host_grouped[host_grouped['is_business'] == False]
host = host[host['is_business'] == False]
host_grouped.head()
Out[21]:
host_id host_response_rate host_acceptance_rate host_is_superhost host_has_profile_pic host_identity_verified number_of_reviews_ltm number_of_reviews review_scores_rating host_years_active host_has_about host_has_neighborhood_overview is_business price_mean availability_365 availability_30 availability_60 host_response_time_a few days or more host_response_time_within a day host_response_time_within a few hours host_response_time_within an hour
0 4775 100.0 96.0 0.0 1.0 1.0 26.428571 127.000000 4.792857 15.0 1.0 1.000000 0.0 154.714286 210.142857 4.428571 10.000000 0.0 0.0 0.0 1.0
1 4879 100.0 33.0 0.0 1.0 1.0 3.000000 3.000000 4.670000 15.0 1.0 1.000000 0.0 175.000000 364.000000 29.000000 59.000000 0.0 0.0 1.0 0.0
2 6774 100.0 92.0 0.0 1.0 1.0 8.500000 23.333333 4.776667 14.0 1.0 0.833333 0.0 145.000000 74.000000 0.666667 3.666667 0.0 0.0 0.0 1.0
3 10657 90.0 97.0 0.0 1.0 1.0 8.500000 37.500000 4.770000 14.0 1.0 1.000000 0.0 119.000000 70.000000 0.500000 6.000000 0.0 0.0 1.0 0.0
4 23386 100.0 0.0 0.0 1.0 1.0 0.000000 7.000000 5.000000 14.0 1.0 0.000000 0.0 195.000000 288.000000 0.000000 0.000000 0.0 0.0 0.0 1.0

What makes a superhost great ?¶

Compare features of interest between superhosts and others

In [22]:
vs.compare_features(host_grouped, host_features_reduced.copy(), conda='host_is_superhost == False', condb='host_is_superhost == True', cata_description='NOT Superhost', catb_description='Superhost', 
                    title_extension='Superhost analysis', feature_focus='host_is_superhost')
No description has been provided for this image

Observation: Superhosts:

  • charge on average more per night
  • have more reviews
  • only a slightly higher rating score (4.9 vs 4.7 for others)
  • have a higher acceptance and response rate
  • less availability as their properties must be more popular

Explore deeper the price differences between superhosts and others¶

In [23]:
# Superhost price comparison
plt.figure(figsize=(5,5))
sns.violinplot(data=host, y='price_mean', fill=False, hue='host_is_superhost', dodge=False, split=False)

yticks = np.arange(0, 1400, 100)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 1200)

plt.title('Superhost price comparison')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')
plt.show()
No description has been provided for this image

Observation: Superhosts have higher price density for higher prices

Explore deeper the availability between superhosts and others¶

In [24]:
plt.figure(figsize=(5,5))
sns.violinplot(data=host, y='availability_60', fill=False, hue='host_is_superhost', dodge=False, split=False)

plt.title('Superhost availability comparison')
plt.ylabel('Availability (in days) for next 60 days')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')
plt.show()
No description has been provided for this image

Observation:

  • Superhosts have a denser availabilty up to 40 days.
  • Between 40-60 days, other hosts have higher density.

Overall Superhosts thus have lower availability

Compare prices of room types between superhosts and others¶

In [25]:
# compare room types using bar plot
df_superhost = host[host['host_is_superhost'] == True]
df_notsuperhost = host[host['host_is_superhost'] == False]

vs.annotate_grouped_barplot(df_superhost, 
                            df_notsuperhost, 
                            hue='host_is_superhost', 
                            x='room_type', 
                            y='percentage', 
                            figsize=(6,4), 
                            title='Superhost Price Comparison', 
                            legend_title='Is Superhost?',
                            show_gridlines=False)
No description has been provided for this image

Observation

  • 92% of superhost rentals are for entire home/apartment, with remaining 8% renting private rooms. Superhost don't really rent out shared rooms or hotel rooms
  • NON superhosts, have a 40% of their business in private rooms (vs 8% in superhosts)
In [26]:
# compare room types using point plot to see price variations
plt.figure(figsize=(8,4))
g = sns.pointplot(data=host, x='room_type', y='price_mean', hue='host_is_superhost', dodge=True, palette={True: BASE_COLOR, False: BASE_GREY}, 
                  errorbar='sd', linestyles="", marker='o')
plt.title('Superhost Analysis: Average price per night by room type')
plt.ylabel('Average price (per night) in pounds')
plt.xlabel('Room type')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')

plt.ylim(0, 1500)
yticks = np.arange(0, 1400, 200)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)

plt.show()
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Observation

  • Prices for different room types are only very slightly higher for superhosts, with hotel rooms being an exception where superhosts don't have many listings

Compare prices of property types belonging to room types 'Entire home/apt' and 'Private room' only¶

In [27]:
# compare property types using pointplot

host_filtered = host[host['room_type'].isin(['Entire home/apt', 'Private room'])]

plt.figure(figsize=(16,8))
sns.pointplot(data=host_filtered, x='property_type', y='price_mean', hue='host_is_superhost', dodge=True, palette={True: BASE_COLOR, False: BASE_GREY}, 
                  errorbar='sd', linestyles="", marker='o')
plt.title('Superhost Analysis: Average price per night by property type')
plt.ylabel('Average price (per night) in pounds')
plt.xlabel('Room type')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')

plt.xticks(rotation=90)
plt.ylim(0, 1500)
yticks = np.arange(0, 1400, 200)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)

plt.show()
No description has been provided for this image

Observation

  • On the left of the plot, superhosts have higher rental prices for mostly entire homes or private rooms. On the right of the plot, super hosts are absent, only individual hosts are at play.
In [28]:
# compare property types using barplot
vs.annotate_grouped_barplot(df_superhost, df_notsuperhost, hue='host_is_superhost', x='property_type', 
                            y='percentage', title='Superhost Price comparison', legend_title='Is Superhost?')
No description has been provided for this image

Observation

  • Again we can see superhosts charge slightly more on average for most property types

Compare prices in neighbourhoods between superhosts and others¶

In [29]:
# neighbourhood analysis
plt.figure(figsize=(16,8))
sns.pointplot(data=listings, x='neighbourhood_cleansed', y='price_mean', hue='is_business', dodge=True, palette={True: BASE_COLOR, False: BASE_GREY}, 
                  errorbar='sd', linestyles="", marker='o')
plt.title('Superhost Analysis: Average price per night by Neighbourhood')
plt.ylabel('Average price (per night) in pounds')
plt.xlabel('Neighbourhood')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')

plt.xticks(rotation=90)
yticks = np.arange(0, 2000, 200)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)

plt.show()
No description has been provided for this image

Observation:

  • Super hosts have slightly higher prices on average is all neighbourhoods

Host Conclusion:¶

Superhosts consistently charge slightly more even we analyse the data from different perspectives of room type, property type and neighbourhoods.

Even though superhosts charge slightly more, they have less availability and higher ratings, thus are still more popular despite the price.

The findings confirm the explanation I found on airbnb that describes superhosts

drawing

What effect does star ratings have on rental price ?

In [30]:
star_features = ['host_is_superhost', 'is_business', 'price_mean', 'review_scores_rating', 'review_scores_accuracy', 'review_scores_cleanliness', 'review_scores_checkin', 
                 'review_scores_communication', 'review_scores_location', 'review_scores_value', 'availability_90', 'room_type', 'neighbourhood_cleansed', 'property_type', 'accommodates']

Feature engineering¶

In [31]:
# select only features of interest
stars = listings[star_features].copy()
In [32]:
# for the star ratings analysis, filter data to only include records where we actually received an review
stars = stars[stars['review_scores_rating'] > 0]
stars.info()

<class 'pandas.core.frame.DataFrame'>
Index: 47738 entries, 0 to 69077
Data columns (total 15 columns):
 #   Column                       Non-Null Count  Dtype  
---  ------                       --------------  -----  
 0   host_is_superhost            47738 non-null  bool   
 1   is_business                  47738 non-null  bool   
 2   price_mean                   47738 non-null  int64  
 3   review_scores_rating         47738 non-null  float64
 4   review_scores_accuracy       47721 non-null  float64
 5   review_scores_cleanliness    47730 non-null  float64
 6   review_scores_checkin        47718 non-null  float64
 7   review_scores_communication  47723 non-null  float64
 8   review_scores_location       47717 non-null  float64
 9   review_scores_value          47716 non-null  float64
 10  availability_90              47738 non-null  int64  
 11  room_type                    47738 non-null  object 
 12  neighbourhood_cleansed       47738 non-null  object 
 13  property_type                47738 non-null  object 
 14  accommodates                 47738 non-null  int64  
dtypes: bool(2), float64(7), int64(3), object(3)
memory usage: 5.2+ MB
In [33]:
# drop missing values
stars.dropna(inplace=True)
stars.info()

<class 'pandas.core.frame.DataFrame'>
Index: 47711 entries, 0 to 69077
Data columns (total 15 columns):
 #   Column                       Non-Null Count  Dtype  
---  ------                       --------------  -----  
 0   host_is_superhost            47711 non-null  bool   
 1   is_business                  47711 non-null  bool   
 2   price_mean                   47711 non-null  int64  
 3   review_scores_rating         47711 non-null  float64
 4   review_scores_accuracy       47711 non-null  float64
 5   review_scores_cleanliness    47711 non-null  float64
 6   review_scores_checkin        47711 non-null  float64
 7   review_scores_communication  47711 non-null  float64
 8   review_scores_location       47711 non-null  float64
 9   review_scores_value          47711 non-null  float64
 10  availability_90              47711 non-null  int64  
 11  room_type                    47711 non-null  object 
 12  neighbourhood_cleansed       47711 non-null  object 
 13  property_type                47711 non-null  object 
 14  accommodates                 47711 non-null  int64  
dtypes: bool(2), float64(7), int64(3), object(3)
memory usage: 5.2+ MB
In [34]:
stars.describe([0.025, 0.5, 0.1, 0.25, 0.75, 0.9, 0.95, 0.99], include='all')
Out[34]:
host_is_superhost is_business price_mean review_scores_rating review_scores_accuracy review_scores_cleanliness review_scores_checkin review_scores_communication review_scores_location review_scores_value availability_90 room_type neighbourhood_cleansed property_type accommodates
count 47711 47711 47711.000000 47711.000000 47711.000000 47711.000000 47711.000000 47711.000000 47711.000000 47711.000000 47711.000000 47711 47711 47711 47711.000000
unique 2 2 NaN NaN NaN NaN NaN NaN NaN NaN NaN 4 33 86 NaN
top False False NaN NaN NaN NaN NaN NaN NaN NaN NaN Entire home/apt Westminster Entire rental unit NaN
freq 41821 45547 NaN NaN NaN NaN NaN NaN NaN NaN NaN 30502 5837 16300 NaN
mean NaN NaN 192.086793 4.619955 4.677961 4.597333 4.752961 4.767580 4.709249 4.553439 33.472428 NaN NaN NaN 3.215150
std NaN NaN 206.324546 0.554901 0.534120 0.580789 0.485841 0.492487 0.441405 0.564443 29.547789 NaN NaN NaN 1.986142
min NaN NaN 8.000000 1.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 0.000000 NaN NaN NaN 1.000000
2.5% NaN NaN 32.000000 3.000000 3.000000 3.000000 3.500000 3.430000 3.670000 3.000000 0.000000 NaN NaN NaN 1.000000
10% NaN NaN 46.000000 4.000000 4.140000 4.000000 4.330000 4.400000 4.280000 4.000000 0.000000 NaN NaN NaN 1.000000
25% NaN NaN 75.000000 4.500000 4.600000 4.500000 4.720000 4.750000 4.620000 4.430000 4.000000 NaN NaN NaN 2.000000
50% NaN NaN 131.000000 4.800000 4.860000 4.780000 4.920000 4.940000 4.830000 4.700000 28.000000 NaN NaN NaN 2.000000
75% NaN NaN 229.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 4.900000 59.000000 NaN NaN NaN 4.000000
90% NaN NaN 387.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 78.000000 NaN NaN NaN 6.000000
95% NaN NaN 545.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 87.000000 NaN NaN NaN 7.000000
99% NaN NaN 1122.900000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 90.000000 NaN NaN NaN 10.000000
max NaN NaN 2000.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 5.000000 90.000000 NaN NaN NaN 16.000000

Observation: Overall, the average ratings are high between 4-5 stars, Airbnb is doing a great job !

Compare star ratings between superhosts vs others, businesses vs individuals¶

In [35]:
#  Summarize star ratings
bin_edges = np.arange(0, 5.5, 0.5)
bin_labels = bin_edges[1:]
stars['review_scores_rating_ranges'] = pd.cut(stars['review_scores_rating'], 
                                                  bins=bin_edges,
                                                  include_lowest=True,
                                                  labels=bin_labels).astype(float)
In [36]:
stars['review_scores_rating_ranges'].value_counts()
Out[36]:
review_scores_rating_ranges
5.0    34844
4.5     7019
4.0     3740
3.0      822
3.5      628
1.0      325
2.0      215
2.5      107
1.5       11
Name: count, dtype: int64
In [37]:
def annotate_bars(ax=None, fmt='.2f', **kwargs):
    ax = plt.gca() if ax is None else ax
    for p in ax.patches:
         ax.annotate('{{:{:s}}}%'.format(fmt).format(p.get_height()), (p.get_x() + p.get_width() / 2., p.get_height()),
                     xytext=(0, 5),textcoords='offset points',
                     ha='center', va='center', **kwargs)
In [38]:
xbins = np.arange(0, 5.5, 0.5)           
g = sns.FacetGrid(data=stars, col='host_is_superhost', margin_titles=True, height=4)
g.map(sns.histplot, 'review_scores_rating_ranges', bins=xbins, stat='percent', color=BASE_COLOR)  
g.map(annotate_bars, fmt='0.1f', fontsize=7, color='k')

# plt.xticks(xbins, xbins)
plt.suptitle('Superhost star rating comparison', y=1.05)
plt.show()
No description has been provided for this image

Observation: Super hosts have 5-stars 98.5% of the time, whilst other hosts have 5-stars 86.2% of the time

In [39]:
xbins = np.arange(0, 5.5, 0.5) 
g = sns.FacetGrid(data=stars, col='is_business', margin_titles=True, height=4)
g.map(sns.histplot, 'review_scores_rating_ranges', bins=xbins, stat='percent', color=BASE_COLOR)  
g.map(annotate_bars, fmt='0.1f', fontsize=7, color='k')

plt.suptitle('Business star rating comparison', y=1.05)
plt.show()
No description has been provided for this image

Observation:

  • Individuals renting entire homes rates location higher than those renting private rooms
  • Individuals renting private homes rates value higher

What is the relationship between price and star ratings ?¶

In [40]:
# Observe relationship between overall star ratings and price, for business vs individuals
sns.scatterplot(data=stars, x='review_scores_rating', y='price_mean' ,hue='host_is_superhost', alpha=0.5, palette=[BASE_HIGHLIGHT_INTENSE, BASE_COMPLIMENTARY])

yticks = np.arange(0, 2200, 250)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)

plt.title('Relationship between overall star ratings and price')
plt.legend(bbox_to_anchor=(1, 1), loc='upper left', title='Is Superhost ?', fontsize='small', title_fontsize='large')
plt.show()
No description has been provided for this image

Observation:

  • Superhosts have higher ratings closer to 5.
  • A upwards trend can be observed. Higher priced properties tends to have higher ratings.
In [41]:
# fit regression line between ratings and price

ticks = np.arange(0, 5.5, 0.5)
sns.regplot(data=stars, x='review_scores_rating', y='price_mean', fit_reg=True, truncate=True, color=BASE_HIGHLIGHT_INTENSE, x_jitter=True, x_bins=ticks,
            scatter_kws={'alpha':0.3, 's':30, 'edgecolor':'white', 'linewidths':0.5}, line_kws={'color': 'orange'})

yticks = np.arange(0, 800, 100)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 800)

plt.title('Relationship between overall star ratings and price')

plt.show()
No description has been provided for this image

Observation: There is an unexpected very slight downwards trend, the price goes down when the star rating increase ? It's the opposite that can be observed in the scatter plot. Can it be that businesses cause irritic mean prices and this is the cause ?

What is the relations between stars and price for business vs individuals ?¶

In [42]:
ticks = np.arange(0, 5.5, 0.5)
sns.lmplot(data=stars, x='review_scores_rating', y='price_mean', col='is_business', fit_reg=True, x_jitter=True, x_bins=ticks,
            scatter_kws={'alpha':0.3, 's':30, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'})

yticks = np.arange(0, 900, 50)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 900)

plt.suptitle('Relationship between overall star ratings and price', y=1.1)

plt.tight_layout()
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Observation:

  • For individuals, we have now an slight upwards trend, stars increase for higher priced properties.
  • For businesses, we have a downwards trend, with lots of variations in price for 1-3 stars varying between £300 and £750
In [43]:
# Let's remove businesses from the analysis due to its unpredicted pricing and much higher prices inflating averages
stars = stars[stars['is_business'] == False]

Let's observe the trend by room type¶

In [44]:
def custom(y, **kwargs):
    ym = y.mean()
    plt.axhline(ym, color='r', linestyle="dashed", linewidth=0.8)
    plt.annotate(f"mean: £{y.mean():.0f}", xy=(1,ym), 
                 xycoords=plt.gca().get_yaxis_transform(), ha="left", fontsize=8, color='r', weight='light')

ticks = np.arange(0, 5.5, 0.5)
g = sns.lmplot(data=stars, x='review_scores_rating', y='price_mean', col='room_type', fit_reg=True, truncate=True, x_jitter=True, x_bins=ticks,
            scatter_kws={'alpha':0.3, 's':30, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'})

g = g.map(custom, 'price_mean')

yticks = np.arange(0, 400, 25)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 400)


g.set_axis_labels('Star rating', 'Average price (per night in pounds)')
g.set_titles(col_template="{col_name}", row_template="{row_name}")
plt.suptitle('Relationship between overall star ratings and price', y=1.05)

plt.tight_layout()
No description has been provided for this image
In [45]:
# Zoom and clean-up plot for blob
ticks = np.arange(0, 5.5, 0.5)
g = sns.lmplot(data=stars, x='review_scores_rating', y='price_mean', row='room_type', fit_reg=True, truncate=True, x_jitter=True, x_bins=ticks, 
               row_order=['Entire home/apt', 'Private room'], height=4, aspect=1.5,
               scatter_kws={'alpha':0.3, 's':30, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'})

g = g.map(custom, 'price_mean')

yticks = np.arange(0, 400, 25)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 400)


g.set_axis_labels('Star rating', 'Average price (per night in pounds)')
g.set_titles(col_template="{col_name}", row_template="{row_name}")
plt.suptitle('Relationship between overall star ratings and price', y=1.05)

plt.tight_layout()
No description has been provided for this image

Observation: We have different trends and behaviour for different room types

  • Entire home/apt and hotels are a more luxury market with a higher average mean around £240 per night. We definetely see an upwards trend from 2.5 stars onwards
  • Private rooms: are a budget market with a lower average mean of £85 per night. We definetely see an downwards trend from 2.5 stars onwards
  • 1-2 stars shows a lot of variation in behaviour
In [46]:
# what are the biggest differences in reviews between those renting entire places vs those renting private rooms
cols = ['review_scores_accuracy', 'review_scores_cleanliness', 'review_scores_checkin', 'review_scores_communication', 'review_scores_location', 'review_scores_value']
entire = stars[stars['room_type'] == 'Entire home/apt'][cols].copy(deep=True)
entire = entire.describe().T['50%']
private = stars[stars['room_type'] == 'Private room'][cols].copy(deep=True)
private = private.describe().T['50%']
diff = entire - private

pos = 'cadetblue'
neg = 'pink'

c = list[pos, neg]

ax = diff.plot(kind='bar', color=np.vectorize({True: pos, False: neg}.get)(diff > 0), label='')

# add a custom legend to complain the differences in voting behaviour
entire = mlines.Line2D([], [], color=pos, marker='s', ls='', label='Entire home/apt')
private = mlines.Line2D([], [], color=neg, marker='s', ls='', label='Private room')
plt.legend(handles=[entire, private], bbox_to_anchor=(1, 1), loc='upper left', fontsize='small', title_fontsize='large')

plt.title('Differences in rating behaviours of Entire home/apt vs Private rooms')
plt.ylabel('Differences in median review scores')
plt.xlabel('Review score categories')


plt.show()
No description has been provided for this image
In [47]:
# as star ratings below 3 have lots of variation, lets for now analyse star ratings 3 and above
stars = stars[stars['review_scores_rating'] >= 3]
In [48]:
# Get top rooms
rooms = stars.room_type.value_counts()[:2]
rooms
Out[48]:
room_type
Entire home/apt    28574
Private room       16124
Name: count, dtype: int64
In [49]:
# Get top neighbourhoods
neighbourhoods = stars.neighbourhood_cleansed.value_counts()[:10]
neighbourhoods
Out[49]:
neighbourhood_cleansed
Westminster               5297
Tower Hamlets             3435
Camden                    3265
Hackney                   2961
Kensington and Chelsea    2957
Southwark                 2536
Lambeth                   2387
Islington                 2316
Wandsworth                2137
Hammersmith and Fulham    1969
Name: count, dtype: int64

A deeper look at Private rooms, why the downward trend ?¶

In [50]:
tmp = stars[stars['room_type'] == 'Private room']

# Get top properties
properties = tmp.property_type.value_counts(normalize=True)[:4]
properties
Out[50]:
property_type
Private room in rental unit    0.340796
Private room in home           0.337199
Private room in condo          0.164599
Private room in townhouse      0.062019
Name: proportion, dtype: float64
In [51]:
ticks = np.arange(0, 5.5, 0.5)
g = sns.FacetGrid(data = tmp, col='property_type', margin_titles=True, despine=False, col_order=properties.index, col_wrap=4, height=4)
g.map(sns.regplot, 'review_scores_rating', 'price_mean', x_jitter=True, x_bins=ticks,
     scatter_kws={'alpha':0.3, 's':20, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'}, truncate=False)

g = g.map(custom, 'price_mean')

g.set_titles(col_template="{col_name}", row_template="{row_name}")
yticks = np.arange(0, 300, 25)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 300)

ticks = np.arange(3, 5.5, 0.5)
plt.xticks(ticks, ticks)
g.set_axis_labels('Star rating', 'Average price (per night in pounds)')
g.set_titles(col_template="{col_name}", row_template="{row_name}")
plt.suptitle('ZOOM into private rooms: Relationship between overall star ratings and price', y=1.05)

plt.tight_layout()
No description has been provided for this image

Observation:

  • Again I observe different behaviour by property type, with a mixture of upwards and downward trends
  • Private room in rental unit and condo have a downwards trend and makes up 50% of the overall private room data

Neighbourhood analysis - Lets compare room type behaviour in the same neighbourhood¶

In [52]:
ticks = np.arange(0, 5.5, 0.5)
g = sns.FacetGrid(data = stars, col = 'room_type', row='neighbourhood_cleansed', margin_titles=True, despine=False, col_order=rooms.index, row_order=neighbourhoods.index, height=3, aspect=2) 
g.map(sns.regplot, 'review_scores_rating', 'price_mean', x_jitter=True, x_bins=ticks,
          scatter_kws={'alpha':0.3, 's':20, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'}, truncate=False)

g = g.map(custom, 'price_mean')

yticks = np.arange(0, 500, 50)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 500)

ticks = np.arange(3, 5.5, 0.5)
plt.xticks(ticks, ticks)
g.set_axis_labels('Star rating', 'Average price (per night in pounds)')
g.set_titles(col_template="{col_name}", row_template="{row_name}")
plt.suptitle('Relationship between overall star ratings and price', y=1.005)

plt.tight_layout()
No description has been provided for this image

Observation:

  • At neighbourhood level, we see a lot of mixed behaviour and not easy to draw a clear conclusion. It's not so useful going down to neighbourhood level

Let's zoom into 1 property type per room type, 1 neighbourhood and review star rating behaviour¶

In [53]:
# Get top private property
top_private = list(stars[stars['room_type'] == 'Private room'].property_type.value_counts(normalize=False)[:1].index)
top_private
Out[53]:
['Private room in rental unit']
In [54]:
# Get top entire home/apt property
top_entire = list(stars[stars['room_type'] == 'Entire home/apt'].property_type.value_counts(normalize=False)[:1].index)
In [55]:
top_properties = top_entire + top_private
top_properties
Out[55]:
['Entire rental unit', 'Private room in rental unit']
In [ ]:
stars_filtered = stars[stars['neighbourhood_cleansed'] == 'Westminstser']

ticks = np.arange(0, 5.5, 0.5)
g = sns.FacetGrid(data = stars, col = 'property_type', row='accommodates', margin_titles=True, despine=False, col_order=top_properties, row_order=[2, 4], height=4, aspect=1.5) 
g.map(sns.regplot, 'review_scores_rating', 'price_mean', x_jitter=True, x_bins=ticks,
          scatter_kws={'alpha':0.3, 's':20, 'edgecolor':'white', 'linewidths':0.5, 'color':BASE_HIGHLIGHT_INTENSE}, line_kws={'color': 'orange'}, truncate=False)

g = g.map(custom, 'price_mean')

yticks = np.arange(0, 350, 50)
ylabels = ['£{:1.0f}'.format(tick) for tick in yticks] 
plt.yticks(yticks, ylabels)
plt.ylim(0, 350)

ticks = np.arange(3, 5.5, 0.5)
plt.xticks(ticks, ticks)
g.set_axis_labels('Star rating', 'Average price (per night in pounds)')
plt.suptitle('ZOOM into Westminster: Relationship between overall star ratings and price', y=1.005)

plt.tight_layout()

Observation:

  • For entire rentals, the 5-star rating stay high as the price increase
  • For shared rooms, 5-star ratings decrease as price increase

Conclusions

Main findings:

Renting from superhosts brings peace of mind, but be aware the price are likely to be slightly higher

There is not conclusive evidence that higher star ratings cause consumers to pay more for similar rentals in the same area. It's more a case of consumer behaviour between budget and luxury markets.

Those renting more luxury properties like entire homes/apt, gives higher star ratings for higher priced properties, same as the overall trend. However, those renting budget properties like private rooms, gives higher star ratings for lower prices, causing a downward trend. These are 2 very different consumer behaviours.

When comparing the star ratings for entire homes/apt vs private rooms, we can see those renting entire homes/apt values location the most, whilst the budget group renting private rooms, values price and cleaniness the most.

Submission

In [ ]:
# convert notebook to html
os.system('jupyter nbconvert --to html 3_Host_and_Star_Analysis.ipynb')